Under Sukanto Tanoto, Woodfibre LNG Creates Great Benefits for the Community.

Sukanto Tanoto has never been one to rest on his laurels. The self-made man, who struck it out on his own following the death of his father when he was seventeen, is a bona fide success story. Starting out in the spare parts industry, the eagle-eyed opportunist jumped into the plywood manufacturing industry during Indonesia’s shift into value-added processing. He hasn’t looked back since, and today he is chairman of RGE, which manages companies such as APRIL, Sateri, Pacific Oil and Gas. Unsurprisingly, he has been dubbed the ‘Resource King’ by GlobeAsiaSukanto Tanoto’s companies are all major players within pulp and paper, palm oil, viscose rayon, and LNG industries.

Changing with the times, but not our values

With the world moving towards consuming more renewable sources of energy, Sukanto Tanoto’s newest venture capitalises upon this expected demand. Woodfibre LNG, subsidiary of Pacific Oil and Gas, recently entered a partnership with China-based Guangzhou Gas Group to build a 2 million tonne per year LNG terminal by 2020.

Under Sukanto Tanoto, Woodfibre LNG Creates Great Benefits for the Community.

Growing in Canada, with the community

The Guangzhou company first agreed in 2016 to buy 1 million tonnes of LNG annually for 25 years from Woodfibre LNG’s facility  –expected to be complete by 2020 – in Squamish, British Columbia, Canada. The Woodfibre project, considered an underdog amongst the other bids for the project in Canada, has received significant support from both the government and people, and it is easy to understand why.

Sukanto Tanoto’s strong commitment to the community is distilled into his 4Cs philosophy: creating good for the Community, Country, Climate, and Company. It is a philosophy that has ensured all his companies act in the same manner, to always consider the welfare of the community first. Not only does the Woodfibre LNG Project ensure the sustainable production of quality, renewable energy, the project is expected to provide a substantial boost to the local job market. Almost 1,800 jobs are expected to be created during the construction process, with a further 450 jobs for when operations begin. These jobs, Woodfibre LNG have promised, will be filled locally as far as possible –a testament to the company’s commitment to leaving any community it interacts with better than before their arrival.

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Sukanto Tonato’s latest project is set to create 650 jobs in British Columbia

Woodfibre LNG is a company that needs little introduction having appeared in the news regularly of late. Forming part of Pacific Oil & Gas Ltd founded by Mr Sukanto Tanoto, Woodfibre LNG is a company that’s about to make a huge difference to the lives of many in its community by creating new jobs. 

Woodfibre LNG has been waiting quite some time to receive its approval and licensing for the project they are set to run in British Columbia. In fact, it’s the very first project of this size and caliber in this province. The license that Woodfibre LNG received authorizes the company to export just over 2 million tons of liquefied natural gas on an annual basis. This means that the local community benefits greatly in terms of economic development and job opportunities.

Woodfibre LNG’s project will open at least 650 jobs / positions while the operation is being established. Thereafter, it is estimated that the lifespan of the project will be around 25 years and will create a further 100 operational jobs. This means great things for the local community and just one more way in which Mr Sukanto Tonato is proving himself to be focused both on economic sustainability and the community.

Sukanto Tonato’s latest project is set to create 650 jobs in British Columbia
Sukanto Tonato’s latest project is set to create 650 jobs in British Columbia

This project which received the go-ahead at the start of November 2016 is set to improve the quality of life for many in the local area and is just one of many projects envisioned by Mr Sukanto Tonato, that is adding value to the economy. 

Woodfibre LNG Keeps the Squamish Community Informed

Woodfibre LNG, an arm of Pacific Oil & Gas, Ltd., is among the ongoing energy and natural resources-related companies within the RGE Group established by Indonesian-born businessman and philanthropist Sukanto Tanoto. Under the leadership of Mr. Tanoto and his daughter Imelda, the lead director at Woodfibre, the company is currently underway with plans to export liquefied natural gas from a port in British Columbia to rapidly growing Pacific Rim markets.

As part of its preparation at this stage of the project, Woodfibre is working to supply the provincial government with information that will factor into an environmental assessment, a necessary component for the project to move forward. Should plans for the project reach a final stage by 2015, the company expects to begin supplying LNG to Asian markets by 2017, making it significantly more nimble and responsive to market demands than larger brands such as Royal Dutch Shell, Chevron, and Malaysia’s Petronas.

In this and numerous other international development projects, the Tanoto family’s goal is to create long-term stability and profitability for both the company and the local communities involved, and to comply with all relevant environmental requirements. Woodfibre has held several public forums designed to improve communications with the residents of Squamish, the port town near the company’s proposed liquefaction and export hub. The forums provide members of the local community with the opportunity to question executives directly and to bring forward concerns. In October 2014, Woodfibre sponsored a “telephone town hall” meeting where residents called in to speak with the corporate team. Earlier in 2014, Woodfibre leaders held two community consultation meetings, at which they solicited input from all stakeholders.

Woodfibre Communications

Woodfibre also continues to maintain its Facebook page as an avenue for public inquiry and information dissemination. The company additionally produces informative mailings, addressed to Squamish residents, with updates on various aspects of the project. These practices also serve to apply Mr. Tanoto’s business philosophy of placing the wellbeing of local communities on an equal standing with corporate growth.

Woodfibre Facebook Communication and Socialisation

 

 

 

 

To learn more, the public may access the company’s website at WoodfibreLNG.ca, where the company has published information recorded at the 2014 community meetings.

Woodfibre LNG Agreement Answers Clean Energy Needs and Drives Jobs

According to Energy Information Administration (EIA), China is attempting to use more natural gas to reduce air pollution and carbon dioxide emissions, which are largely caused by coal and oil usage for energy. Underpinned by large investments in domestic gas production and infrastructure, along with growing imports, the Chinese government anticipates increasing its gas share of total energy consumption to around 8% by year end 2015 and to 10% by 2020. In 2012, natural gas accounted for only 4.9% of China’s total energy consumption.

In fact, besides China, it has become a global awareness to support the consumption and production of clean energy in order to ensure sustainability of resources. New entrepreneurs these days are also looking into clean energy innovations or coming up with business ideas that do good for the environment and profitable at the same time. Woodfibre LNG, a subsidiary of Pacific Oil & Gas, which is in turn part of the RGE Group of companies headed by Sukanto Tanoto, has recently signed an agreement with Chinese province of Guangdong, to support their demand for LNG for the next 25 years.

Near the end of September 2014, the Chinese province of Guangdong announced the opening of a trade office in Vancouver, Canada, that will serve as the first of its kind in that country. This move also coincides with the signing of a preliminary offtake agreement between Guangzhou Gas Group Co Ltd and Woodfibre LNG, a Singapore-based firm that plans to export liquefied natural gas from western Canada. Guangzhou is the capital and largest city in Guangdong Province.

Woodfibre LNG and Guangzhou Signing of MOU
Guangzhou Gas Group Co. Ltd. and Woodfibre LNG have signed a memorandum of understanding (MOU), outlining a long-term stable supply of natural gas to meet Guangzhou City’s gas demands starting in 2017 (targeted date).

British Columbia’s premier, Christy Clark (2nd row, 3rd from right), has supported both the increased Chinese trade presence in her province and her government’s developing relationship with Woodfibre. The Woodfibre-Guangzhou agreement highlights the growing strength of the Tanotos’ plans to establish an LNG export hub in the town of Squamish, near Vancouver.

The Woodfibre agreement with Guangzhou will cover close to one-half of the Singapore company’s planned yearly output of liquefied natural gas. The terms state that Woodfibre, currently working with the goal of starting operations in 2017, will provide Guangzhou with 1 million tonnes of natural gas per year for 25 years. China is the world’s third-largest importer of natural gas, and its urban areas along the coast account for much of its demand Click here for more information.

Woodfibre’s planned site, at the location of a defunct pulp mill, has optimal access to existing infrastructure such as industrial zoning, a deep-water port, a gas pipeline, and a functioning power grid. Company executives also point to the environmental benefits of the construction of a FortisBC gas pipeline partly through a pre-existing route. Clark, in turn, has extolled the LNG industry’s capacity to create new jobs in the province and Woodfibre estimates that its project in Squamish will create 500 jobs in construction and 100 full-time staff positions.